Storm LDN to raise £2m – plans 10 studios

Storm LDN, a communitysupporting boutique boxing gym based in London, is gearing up to open a £2m seedfunding round from 9 February.

Currently with one site, in Queen’s Park, the raise will support the company’s growth to six studios by Q2 2024. Further scaling to ten locations – which will be selffunded through profit reinvestment – will bring the number of clubs to ten by the end of 2025. Two 4,000sq ft sites in Farringdon and Canary Wharf have already been selected and the intention is to launch these clubs by the end of 2023.

Storm LDN was founded in 2021 by Joe Channer – who is also CEO of global consulting and technology solutions company

Joe Channer

Delta Capita – and Dembo Jobe, a former amateur-level kickboxer.

“We wanted to create a self-sustaining, transformative model fuelled by enterprise, without the traditional reliance on funding,” said Channer.

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